Mutual Advisors LLC Raises Position in Innovator Defined Wealth Shield ETF $BALT

Mutual Advisors LLC raised its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 16.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 284,038 shares of the company’s stock after purchasing an additional 39,486 shares during the quarter. Mutual Advisors LLC owned 0.61% of Innovator Defined Wealth Shield ETF worth $9,518,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. raised its stake in shares of Innovator Defined Wealth Shield ETF by 24.5% in the third quarter. Raymond James Financial Inc. now owns 2,104,517 shares of the company’s stock worth $69,070,000 after purchasing an additional 413,938 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Innovator Defined Wealth Shield ETF by 6.3% in the third quarter. Envestnet Asset Management Inc. now owns 1,825,207 shares of the company’s stock worth $59,903,000 after purchasing an additional 107,652 shares during the last quarter. Orion Porfolio Solutions LLC raised its stake in shares of Innovator Defined Wealth Shield ETF by 14.7% in the third quarter. Orion Porfolio Solutions LLC now owns 965,795 shares of the company’s stock worth $31,697,000 after purchasing an additional 124,004 shares during the last quarter. Reliant Wealth Planning raised its stake in shares of Innovator Defined Wealth Shield ETF by 2,527.0% in the third quarter. Reliant Wealth Planning now owns 957,346 shares of the company’s stock worth $31,420,000 after purchasing an additional 920,903 shares during the last quarter. Finally, Crown Wealth Group LLC raised its stake in shares of Innovator Defined Wealth Shield ETF by 7.8% in the fourth quarter. Crown Wealth Group LLC now owns 948,772 shares of the company’s stock worth $31,793,000 after purchasing an additional 68,682 shares during the last quarter.

Innovator Defined Wealth Shield ETF Trading Up 0.1%

Shares of BALT opened at $33.98 on Friday. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. The stock has a 50 day moving average of $33.69 and a 200 day moving average of $33.44. Innovator Defined Wealth Shield ETF has a 12 month low of $31.43 and a 12 month high of $33.98.

About Innovator Defined Wealth Shield ETF

The Innovator Defined Wealth Shield ETF (BALT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF over a three-month outcome period. The actively managed fund holds flex options. BALT was launched on Jul 1, 2021 and is managed by Innovator.